iSkoot, Inc.

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iSkoot, Inc. - overview

Established

2005

Location

San Francisco, CA, US

Primary Industry

Telecoms

About

iSkoot, Inc. specializes in mobile connectivity solutions that enhance communication through innovative technology, enabling users to access mobile services seamlessly and efficiently. iSkoot, Inc. was founded in 2005 in San Francisco, US, focusing on mobile connectivity solutions.


In October 2010, Qualcomm acquired iSkoot, further integrating its capabilities. The company has completed a total of 5 deals, with its latest funding round being a Series C raising USD 15. 910 mn, led by Vision Opportunity Master Fund Ltd. The total amount raised by iSkoot is USD 15.


910 mn, with a current valuation of USD 68. 821 mn. iSkoot, Inc. provides mobile connectivity solutions that enable users to enhance their communication experiences.


The company focuses on creating technology that integrates mobile services effectively, catering primarily to telecommunications companies and consumers who seek improved mobile access and functionality. iSkoot generates revenue through partnerships with telecommunications companies and direct sales of its mobile connectivity solutions. The business model includes licensing agreements that allow clients to implement iSkoot's technologies in their offerings, ensuring a steady revenue stream from these collaborations. Following the acquisition in October 2010, iSkoot plans to leverage Qualcomm's resources to develop new mobile solutions and expand its reach in the telecommunications market.


With recent funding from the Series C round, iSkoot aims to enhance its product offerings and explore opportunities in emerging markets, though specific regions and timelines for this expansion have not been disclosed.


Current Investors

CRV, Khosla Ventures, Crown Capital

Primary Industry

Telecoms

Sub Industries

Internet Service Providers

Website

www.iskoot.com

Verticals

Social Media

Company Stage

Acquired

Total Amount Raised

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